Section 54 Nonconsumer Transactions

• Library: Motor Vehicle 2011

Section 400.9-625, RSMo Supp. 2010, permits recovery for any damages caused by a failure to comply with any provision of Article 9, §§ 400.9-101–400.9-710, RSMo Supp. 2010 (Article 9), of the MUCC. This is a change from the previous version of Article 9, which only allowed for damages for violation of the default provisions. Even without proof of actual damages, if the collateral is consumer goods (those used or bought to be used primarily for personal, family, or household purposes), the debtor is entitled...